RHB launches e-Retail Solution for SMEs

PETALING JAYA: RHB Banking Group has launched the RHB SME e-Retail Solution for small and medium retailers, an all-in-one solution for Malaysian retail SMEs.
The start-up solution provides SME retailers with a fast, easy and seamless experience to start and run their business, with the opportunity to start their operations within a week upon obtaining approval, or upgrade their existing SME businesses.
The e-Retail Solution is very affordable and available with an easy payment plan to reduce the financial burden of SME retail business owners.
It also allows immediate Goods and Services Tax compliance and offers comprehensive protection for the business through a low cost customised insurance plan.
"As an increasing amount of global business today is being carried out via the online space, it has become critical for businesses to embrace modern technology as part of their business," said its head of group business banking Amy Ooi.
Customers may walk into any RHB branch and apply for SME e-Retail solution which comes with a complete suite of products, namely RHB's Business Current Account, RHB Reflex Online Cash Management, next generation Digital Point-Of-Sale system, Business Credit Card, Credit and Debit Card Terminal and the SMI Supreme Package Insurance plan.
The remote accessibility feature allows business owners to manage their business from anywhere at any time through internet enabled tools.
These tools will also help the businesses manage customer loyalty and promotions, offer real time inventory management and real time daily sales volume monitoring.
Businesses will also be able to control their cash flow and accept cashless payments.